Why 2026 Could Be Your Last Chance for a Second Passport

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Moving Abroad Resources:

👉 Moving Abroad Relocation Roadmap Guidebook that walks you through the five phases of moving abroad ($27): https://www.entrepreneurexpat.com/relocate

👉 Moving Abroad Relocation Blueprint Course which offers step by step guidance on everything from choosing the right country to immigration to taxes and everything in between: https://www.entrepreneurexpat.com/blueprint

👉 Want us to handle the details of your move abroad? Apply for our white-glove relocation services here: https://www.entrepreneurexpat.com/consult

👉 Free Moving to Mexico Guide: https://www.entrepreneurexpat.com/mexico

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Remote Work and Online Income Resources:

👉 Expat Income Accelerator course which shows you the multiple ways you can make money globally based on our 15+ years of experience in online business, investing internationally and living in multiple countries: https://www.entrepreneurexpat.com/income

👉 Get Your First High Paying Client Online Bootcamp which walks you through the first four foundational steps of creating and monetizing an online business based on 15+ years of experience in online business: https://www.entrepreneurexpat.com/firstclient-yt

👉 YouTube Mastery Workshop which shows you how we’ve built two YouTube channels that bring clients and passive income from digital course sales (including turning Entrepreneur Expat into a six-figure business in six months): https://www.YouTubeMasteryWorkshop.com

👉LinkedIn Mastery Workshop which shows you how to use LinkedIn to find remote work, clients and connect with recruiters based on Justin’s experience building a six-figure business and finding remote work on LinkedIn: https://www.entrepreneurexpat.com/linkedin

👉 Free Make Money From Anywhere Guide: https://www.entrepreneurexpat.com/money-guide 

V I D E O S    T O    W A T C H    N E X T :


Online Business Tips to Working and Traveling In Mexico: https://www.youtube.com/watch?v=9zGH0voCyOc&list=PLh3xKhkMgH_IA6s3KvB_g9Cc9Ze1eji8j&index=2

Moving to Mexico: 10 Reasons Why We Chose to Live in Guadalajara https://www.youtube.com/watch?v=dK23vD8_xjc&list=PLh3xKhkMgH_LAY7UV78YMgms-f2e1UcwN&index=23

Tips for Moving Overseas: Top 5 Remote Work Skills That Make Money: https://www.youtube.com/watch?v=bFzjCrlNAL8&list=PLh3xKhkMgH_IA6s3KvB_g9Cc9Ze1eji8j


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Inquiries: [e-mail]


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Disclaimer: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Entrepreneur Expat can and does not provide advice unless/until engaged by you.

Episode Transcript

Justin Keltner (00:36):
If you've been thinking about getting a second
passport or residency 2026 mightjust be your last best chance to
do it easily.
Governments around the world aretightening the screws on taxes,
on immigration, and on yourfreedom to move both yourself.
and Your money.
In this video, we're gonna coversix big reasons why 2026 is the

(00:58):
perfect time to secure yourpassport and diversify your life
internationally.
Hi, I'm Justin Keltner and onthis channel Entrepreneur,
expat.
We talk about everything to dowith moving overseas, building a
life as well as business andinvestments abroad, and finding
a better quality of life, betterfood, better healthcare, so many

(01:21):
more things.
Better than they are in thewest.
If that's something that you'reinterested in, then definitely
give our channel a subscribe.
Click that subscribe button,click that notification bell as
well so that you will benotified.
We're coming out with contentevery single week, So you don't
wanna miss any of our updatesabout this and other topics.
Do us a favor and give thisvideo a big thumbs up.

(01:43):
It helps us a lot in reachingmore people, and if you're a
high net worth individual with amillion dollars or more in net
assets.
You definitely want to schedulea call below with our team so
that we can actually take a lookat creating a personalized plan
for you, whether that'sprotecting your wealth in other
countries, getting secondpassports or second residencies,
so that you can protect yoursand your family's future and

(02:06):
much, much more.
Just go to entrepreneurexpat.com/consult.
so the first reason that 2026 isgoing to be the year that you
want to get that second passporton lock.
Is because they are making itharder and harder to leave
Western nations.
The US exit tax is alreadybrutal.
If your net worth hits around$2million, which is not that

(02:27):
difficult to do, if you've gotsay, one house in California,
then the government can treatyou as if you've sold everything
and make you pay essentiallycapital gains tax on that.
And tax on the value of all ofyour properties, of all of your
assets, the day that yourenounce your citizenship.
The UK is also now talking aboutimplementing a similar exit tax

(02:50):
for high net worth individualsthat are leaving the country,
and it's not just those.
Two nations around the world,governments are tightening
capital controls and they'relooking for ways to keep that
wealth trapped at home.
They do not want that wealthleaving.
They know that they'remismanaging their countries in
so many different ways.
You've seen our videos about theus, you've seen our videos about
the uk, we've been saying thisfor a while.

(03:10):
Like, Hey guys, they're, they'rereally starting to crack down
here, but now it's, it's allvery much coming to fruition.
They're mismanaging theircountries and then they expect
everyone left, everyone whocan't leave, or everyone that
hasn't chosen to leave yet tobasically be.
Left.
Holding those responsibilitiesand charging them more and more

(03:31):
taxes, including that exit taxthat is now coming soon to the
United Kingdom.
The message is very clear.
If you wait too long, leavingcould literally cost you
millions of dollars.
You do not want to wait on this.
We keep saying it, and I'm gonnasay it again.
Things are only getting worse inthe West.

(03:52):
Do I think they're gonna getbetter?
Eventually?
Yes.
Honestly, I do.
That could be five years fromnow, it could be 10 years from
now, it could be 20 years fromnow.
We really don't know.
We just know that things are notlooking too good right now.
There are a lot of fall ofempire vibes that I'm getting
from the US and uh, when I madethe choice to move to Columbia
almost 10 years ago, I alreadyhad.

(04:13):
That intuition.
I knew that things were kind ofgoing south, and I was very glad
that I could secure my ownresidencies in other countries,
including Mexico, where we'revery close to getting our
passport.
Now.
It's never been a better time,but more importantly, it's just
gonna become more and moredifficult with those countries
making it harder for you toleave them.

(04:34):
The number two reason is thatinvestment opportunities abroad
are exploding.
Countries in Latin America,Eastern Europe and the Balkans
are opening up new investmentmigration programs.
But it's not just that thereturns that they're giving you
because they're less maturemarkets than somewhere like the
US or Canada, and also a littlebit less regulated, but still in
many cases, very safe.

(04:55):
Of course, consult.
Your financial or your taxadvisor, but there are so much
more opportunities.
Some of what we're doingpersonally in Mexico and our
investments that are relativelysecure investments, we're seeing
between 10 and 18%.
Per year on our capital.
So there's a lot of investmentopportunities abroad and a lot

(05:15):
of investment related programsas well.
And I'll just sayphilosophically go where these
people want your money.
Countries like the UK have beenclosing down all of their
citizenship, or not evencitizenship by investment
programs, but just residency byinvestment programs that could
eventually lead to citizenship.
They're just pushing all of thatmoney away.
And to me personally, it justdoes not make a lot of sense.

(05:38):
If you're investing in realestate, hospitality, or
agriculture sectors, you canoften see returns of 2X to 3X
what you would see in the US orthe uk.
And there's so many moreopportunities to do that,
whether you're buying a houseand you're just gonna wait for
it to increase in value.
Buying multi-family, perhapsdoing long-term or short-term
rentals, there are very highyields and.

(05:59):
It's also a very stable andgrowing economy in a lot of the
countries outside of the usversus when you do look at
places like the US markets arestarting to fail the real
markets, right?
You're talking about, uh, food.
You're talking about companiesthat are providing financial
services going bankrupt.
The stock market just continuesto go up into the right.
But the real indicators ofeconomic prosperity are actually

(06:22):
on the decline versus in othercountries like Mexico.
Mexico has one of the strongestgrowing middle classes in the
world.
There are a lot of othercountries as well.
Albania is welcoming investment.
They're starting to grow likecrazy.
They're modernizing all of theirinfrastructure, all of their
real estate.
So there's so many opportunitiesfor investment And by becoming a
resident or citizen throughinvestment, not only do you get

(06:43):
those higher ROIs, but you alsoget greater global freedom.
The number three reason iseconomic and political
instability.
We all see the news headlinesabout the protests, about the
craziness going on in the US andthe UK and the eu.
They're also facing recordlevels of debt.
They have volatile elections.
There's a lot of corruption, butcorruption at the highest

(07:04):
levels.
Not like paying office streetcops somewhere in Mexico, but
corruption and the highest,highest.
Levels of government, and ofcourse growing civil unrest.
There's also so much inflationgoing on in the world,
especially in the western worldand worldwide d dollarization,
and those things are changinghow global trade and wealth
preservation work, having asecond passport is no longer a

(07:26):
luxury.
It's an insurance policy, and Iwould say a very cheap insurance
policy against globaluncertainty.
Number four, quality of life,and this is something that I
really love, especially aboutplaces like Mexico as well as
countries in Europe that we'reconsidering moving to at least
part-time very, very soon.
The quality of life is so muchhigher.

(07:47):
People are friendlier.
You actually know yourneighbors.
You get to greet people on thestreet.
Not everything is super spreadout, especially when you live in
a larger town or city.
So you can walk to the citycenter.
You're, you're seeing peoplehang out with their families.
There, there's kids just playingon, on the sidewalk, on the
street playing ball, you know,all of the, the other families,
they're kind of watching aftereverybody else's kids too.

(08:09):
People feel safe.
There's, there's liveliness.
It's vibrant And there's manyexpat friendly communities in
countries all over the world,which offer lower cost of
living, safer communities, andmuch stronger family values just
like that.
There's also access to nature.
There's less stress.
We live in the chip area rightnow of Mexico, where even just

(08:29):
moving here from Guadalajara,which is already like a, a rev,
uh, to, you know, shift downand, and transmission right
from, from living in big citieslike LA and the us.
Out here in Chapala, there'snature all around us.
We have trees all around us.
We've got a panoramic view ofthe lake for a 10th of what
anything like that would cost insomewhere like the US if you

(08:51):
could even find it.
So it's a slower pace of lifeoverall, and those things
contribute to better mental andbetter physical health.
I would encourage you to thinkof it less even as just escaping
and more like upgrading yourlife.
There's kind of this myth that alot of potential expats have and
they say, well, I, I don't wantto escape the us.

(09:12):
The US is great.
It's the best country in theworld.
First of all, I might.
Disagree on a couple pointsthere.
Uh, because the US does not rankas the best in many things
anymore at all, but it's notjust about escaping.
We feel like we have a betterquality of life here with money
and everything else aside, we'reat more at peace.
We have stronger friendships.
We don't spend all day commutingto work.

(09:34):
In a polluted city on, on afreeway, stuck in traffic.
We can work from home.
Things are very comfortable.
It's less escaping and morereally upgrading your life.
That's really what it was for mywife and I when we moved down to
Mexico a few short years ago,and for myself before that, as
I've been traveling for thegreater part of the last decade
through Latin America andEurope.

(09:56):
The next reason is food qualityabroad.
So in countries like Mexico,Portugal, and Italy, the food is
a lot fresher, it's much lessprocessed, and it's often
locally sourced.
The meat that we eat here inChapala is literally from farms,
just a couple hours.
Away the berries are from rightaround the bend.
It's about a 30 minute drive toall of the berry farms,

(10:17):
including what, uh, Driscollactually sources their berries
from and things like that.
So you can find so much greatlocally sourced produce.
I don't understand.
When I go to Miami and I see anorange on the grocery store
shelf.
But that orange is from Peru orsomewhere else in South America.
Like it doesn't make any sense.
The US imports so much of itsfood.

(10:39):
And this is another thing thatmight even go in that economic,
uh, scarcity category.
They're so dependent oncountries like China for food
and medicine, south America,Mexico, they don't even have
production capacity of their ownfood.
When it used to be that the US.
Was making way more than enoughfood and even exporting.
It just does not make a lot ofsense.

(11:00):
So in addition to being a moresecure type of economy for food
itself, it's also much fresherand it's much higher quality,
and you're not gonna find all ofthe preservatives.
Which brings me to another pointhere.
You can actually taste thedifference in the food here
compared to other places.
It was the same thing when I wasin Europe.
When you have bread somewherelike Europe, it doesn't make you
fat instantly when you eat aloaf of bread, if you're in

(11:22):
France or if you're in Austria,right, it's, it's differently.
It's, it's made with completelydifferent ingredients.
Things are fresher, and youreally do notice it in your
health.
For a lot of expats, foodquality alone becomes a very big
defining factor in theirdecision to stay abroad long
term.
Number six, other countries arenow starting to tighten those

(11:45):
immigration rules.
Mexico actually just earlierthis year, completely eliminated
their regularization program.
That was a program where if youhad essentially an an expired
tourist visa and you were inMexico also at any time before
the pandemic, like pre 2021.
Era, then all you had to do wasgo to an immigration office, pay

(12:06):
a couple thousand dollars in infees and potentially attorney's
costs as well.
And you could get a four yeartemporary residence, which you
could then turn into a permanentresidence without any issue,
without proving any income,without proving that you could
work remotely.
None of it, they would just giveit to you.
And a lot of people tookadvantage of that, uh, or a lot
of people were also just bankingon the fact that something like

(12:27):
that.
Would always exist and theyeliminated it just like that.
In addition, it used to be youcould just fly down to Mexico,
stay for six months, go back tothe US, or go to Columbia or go
to another country for a day orfor a week, come back to Mexico
and they would just rubber stampyour passport for another six
months.
It's actually not happeninganymore.
People are cracking down.

(12:48):
They're asking you for returnflights.
They're asking you for hotelstays.
You can not just be a perpetualtourist anymore in Mexico.
In addition to that, Portugaland Malta have ended their
golden Visa property programs.
So now you have to actuallyinvest.
In the economy, build a businessthere, hire people, and in most
cases, even with Malta nowbecause of the EU regulations

(13:10):
that the EU put on Malta, theycan no longer just hand out
Malta's passports unless you'reactually going to live there and
make significant investments, aswell as other contributions to
the economy.
I did another video about thisrecently, which is that Germany
also just rolled back its fasttrack citizenship plan.
It used to be that if you hadreally good German and if you
were an outstanding member ofsociety, you could have a fast

(13:32):
track plan to citizenship injust three years.
Germany just revoked that andall of Europe is cracking down
all of Latin America's crackingdown.
It used to be that so many ofthese countries, you could get a
citizenship or at leastresidency very quickly,
including Mexico, but now thewindow of opportunity is
closing.
So 2026 is the time to actbefore these doors slam shut.

(13:55):
So if that's something that youwant to do, if you're looking to
pave a better future foryourself and for your family.
All of these passports tend toalso give rights to your
children as well, where if youare to get a residency and then
citizenship in a given country,your children will also get that
same right so that they can liveand work in any of these
countries around the world thatyou're able to qualify for

(14:17):
citizenship in As part of yourcitizenship application, so
you're not just building abetter future for yourself,
you're building a better futurefor your children and for your
entire family.
I really encourage you to takeadvantage of what some of the
opportunities are.
Now.
Book a call with our team and wecan help you craft that
personalized plan.
That first consultation isabsolutely free.

(14:38):
You can get [e-mail]
slash consult, and if you'reinterested in free resources and
other things like that, or ifyou don't have a million dollars
or more in liquid net worth.
Then just feel free to check outsome of the free resources down
below this video, as well as afew courses that we have on
building remote income sources,as well as how to actually
handle the process of relocatingabroad to different countries.

(15:02):
So if you've been waiting forthe right time to get a second
passport, this is absolutely it.
It's only going to get harderafter 2026.
There's gonna be more, moretaxes, stricter immigration
laws, and fewer investmentoptions globally.
So don't forget to book that.
consult.
at entrepreneurexpat.com/consultGet on our list, sign up for our
stuff below.
We've got a lot of cool guidesas well.

(15:23):
But if you're ready to make thatmove now, if you would like to
figure out what possibilitiesyou have based on your business,
based on your income sources andbased on your assets, we can
absolutely help do that.
So go to entrepreneurexpat.com/consult book do call,
and I look forward to workingwith you on that.
Thanks again for being part ofthis community.

(15:45):
Give this video a like andsubscribe to our channel for
more, and we will see you againnext time.
Bye for now.